Form 4: Green Dot Corp CFO Jess Unruh Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Chief Financial Officer of Green Dot Corp, Jess Unruh, disposed of 3,242 shares of Class A Common Stock to cover income tax withholding obligations.
Summary
- On March 7, 2025, Jess Unruh, the Chief Financial Officer of Green Dot Corp, disposed of 3,242 shares of Class A Common Stock.
- The disposal was to satisfy income tax withholding obligations related to the net settlement of Restricted Stock Units (RSUs).
- The shares were withheld by the issuer at a price of $7.46 per share, which was the closing price of Green Dot Corp's Class A Common Stock on that day.
- Following the transaction, Unruh still beneficially owns 146,219 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document reports a routine transaction related to tax obligations.
Industry Context
Executive share transactions are a common occurrence and are often related to compensation and tax planning. The disposal of shares to cover tax obligations is a routine financial activity.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of transaction: Jess Unruh disposed of shares to cover tax obligations. |
| 03/10/2025 | Date of signature on the Form 4 filing. |
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